Quite an interesting idea to combine the benefits of crowd funding and maintain a suitable ecosystem that ensures that new ventures have the adequate economic maintenance to grow and thrive.
What really stands out is the convergence of the two worlds of- business financing (previously done through venture capitalist firms) and the crypto community that is focused around the overall crypto markets and backed by important and innovative ideas.
It truly does harness the wisdom of the crypto community!
This is about bringing Venture Capital to the blockchain and it will be like investigating in a trustless manner. As an investor, you will be displayed with a carefully refined list of startups in which you can invest with guarantee of high return.
It's first of its kind and will be a big success definitely.
The large amount of discounts prescribed by Presale Ventures is unheard of. 60% investment discounts is quite a significant discount. Considering that VC's are after equity, such a large discount will mostly be unfeasible in any other setting other than what Presale Ventures is developing.
Plus, it will be good to see the benefits of blockchain technology integrated into this entire scheme. The efficiency, security and overall decentralised nature will be such an advantage previous financing models will be unable to match.